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$925,000

Est. payment - /mo

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8 Beds

4 Baths

3,444 SqFt

New

732 E 1500 S Orem, UT 84097

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Anne Valae

annevalaerealestate@gmail.com +1(435) 979-1662

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,444 sqft

Price per Sqft $268

MLS Listing ID 2175563

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1968

Annual Tax Amount $3,746

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Well-maintained, fully leased fourplex in a highly desirable Orem rental location. Each of the four units offers 861 square feet with 2 bedrooms and 1 bathroom, including washer and dryer hookups. All units have central A/C (installed in 2023) and forced-air heating. The property has numerous capital improvements, including a new roof, siding, fascia, and rain gutters completed in 2013. Units 732, 734, and 736 were updated with cabinets, new sinks, and dishwashers, while several units also feature laminate flooring and other interior improvements. Situated on a deep 0.304-acre lot, the property offers additional outdoor space and long-term potential. Current monthly rental income is $4,850, with rents of $1,250, $1,250, $1,250, and $1,100 (month-to-month). Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Ideally located adjacent to University Place Mall and within 10 minutes of UVU, BYU, and I-15, this property provides stable in-place income in one of Orem's strongest rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Multi-Family

Interior

Heating Gas: Central

Flooring Carpet, Laminate

Fireplace No

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Private Pool No

Building

Sewer Sewer: Connected

Water Culinary

Architectural Style Stories: 2

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Centennial

Middle Schools Lakeridge

High Schools Orem

School District Alpine

Others

Senior Community No

Tax ID 19-020-0074

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Rock Canyon Real Estate LLC

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Anne Valae

Branch Broker | License ID: 5473424-BB00

+1(435) 979-1662

732 E 1500 S Orem, UT 84097

Anne Valae

Key Details

Location

Interior

Exterior

Building

Schools

Others

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732 E 1500 S